Thursday, 3 December 2020

Tampons Market Growth Opportunity Analysis by Statistics & Outlook of COVID-19

Competition in the global tampons market rides on innovation as companies try to introduce a new product to garner the interest of consumers. These findings have been published in a recent report on the global tampons market by Transparency Market Research. With new players making headways due to demand, existing players are upping the ante to stay ahead in the league. Further, changing behavior of the consumers has led to evolution in the product line of several companies.

At the same time, regional players are striving to cut down costs of their products to compete with established brands. Some of the top names in the global tampons market include Bodywise (UK) Ltd, Svenska Cellulosa Aktiebolaget (SCA), Lil-Lets UK Limited, Corman SpA, First Quality Enterprises Inc., Johnson & Johnson Inc., Procter and Gamble Co., Edgewell Personal Care Company, Kimberly-Clark Corporation, and Unicharm Corporation.

The global tampons market is predicted to attain an overall value of US$6.34bn by the end of 2025. TMR analysts state that the global market for sanitary napkins will grow at a moderate CAGR of 5.6% in the future.

When it comes to geography, North America is considered to lead the global tampons market in the coming years. The high levels of awareness among women in countries like the U.S. are considered driving factors for growth here. Further, Europe will continue to remain a prominent region while Asia Pacific is expected to expand at a rapid pace.

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According to the World Bank, more than 500 million women across the world lack access to menstrual hygiene. It could lack of access to water, sanitation, or hygiene. This describes the voluminous potential for growth in the global tampons market. While most players in the global tampons market have tried capturing new geographical location every year, the demand is only expected to rise further.

A major role has been played by governments and non-profit organizations to instill menstrual hygiene awareness among women. Awareness activities in schools, rural areas, and universities has promoted the use of tampons. As a result, companies have attempted to rollout their own awareness programs to acquire new consumer base. These new techniques are expected to trigger growth in the global tampons market.

Further, growing population of women is also considered to trigger growth in the global tampons market. With many countries working on improving their male-female ratio, the female population has improved in countries like India. This trend is considered to fuel demand in the global tampons market.

Research and Development to Create New Opportunities

Technology is predicted to play a key role in driving growth in the global tampons market in the future. As requirements of consumers evolve with every day, companies are working on developing new-age products that cater to their varying demands. Many companies have heavily invested on research and development. The new opportunities created by consumers will open growth prospects for players in the global tampons market.

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Varying age groups, different health conditions, and other parameters are becoming key aspects for manufacturers to develop new products. At the same time, use of cheaper and eco-friendly raw materials, and easily disposable products are predicted stimulate growth in the global tampons market.

Cast Iron Cookware Market Analysis, Future Growth Rate And Industry Forecast By 2020-2025

The vendor landscape of the global cast iron cookware market is primarily characterized by a high level of fragmentation owing to the presence of several multinationals as well as a large number of unorganized domestic players in key regional markets. Increasing competition among key players is the main challenge for cast iron cookware manufacturers, which is likely to lead to a decrease in profit margins. As competition intensifies in this sector, with price wars raging among leading players, industry players are expected to put increased focus on improving the efficiency of their value chain, from inbound logistics to distribution, and to a large extent, the marketing and export of products.

Additionally, companies are also trying to introduce a range of differentiated products and packaging for a high margin business segment, in order to cater to the evolving needs of customers, along with enhancing their customer base. Some of the leading companies in the market are Tramontina USA, Inc., The Coleman Company, Inc., Lodge Manufacturing Company, FINEX Cast Iron Cookware Co., Staub USA, Inc., and Le Creuset of America.

According to the report, the global cast iron cookware market is likely to expand at a CAGR of 3.4% from 2017 to 2025, rising from a valuation of nearly US$2,537.0 mn in 2017 to nearly US$3,303.0 mn by 2025. Of the key end-use consumer segments of cast iron cookware, the segment of food services accounted for the dominant 67.6% share of the overall market. Geographically, the market in Asia Pacific is likely to dominate the overall market in terms of demand through 2025, followed by the markets in Europe and North America.

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The increasing one-person households across the globe is a substantial global demographic change having extensive consequences, and is having deep implications on a number of businesses ranging from housing to healthcare. This trend is also expected to lead to a surge in the global demand for cast iron cookware in the near future. Over the last few years, consumer behavior has drastically changed and consumers are more inclined towards researching about products online and purchasing various types of cookware such as such as electric, non-stick, and cast iron cookware through e-Commerce websites. As such, the increased awareness regarding the health issues associated with coatings on non-stick cookware and aluminum products and the flourishing market for online retailing are boosting the cast iron cookware market.

Moreover, unique properties of cast iron cookware such as high durability, effective heat distribution, and the fact that cast iron cookware leach iron into the food during the cooking process, which may be helpful for iron deficiency problems, are also working in favor of the market.

Easy Availability of Lighter and Cheaper Alternatives to Negatively Affect Cast Iron Cookware Consumption Globally

One of the key challenge that is restricting the adoption of cast iron cookware is the fact that cast iron cookware is much heavier than cookware made from other materials such as aluminum and stainless steel. Furthermore, cast iron cookware is not recommended for use on glass cooktops. Glass stove tops require more careful use than coil tops and dragging the heavy cast iron cookware over glass cooktops can scratch the glass surface. Moreover, cast iron cookware is slow to absorb heat, and may damage the heating elements or break the glass stove top. Cast iron cookware with enameling at the bottom is equally unsafe on a glass cooktop.

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Furthermore, the global cookware market offers several alternatives such as aluminum, stainless steel, copper, and non-stick cookware. Stainless steel cookware are non-reactive, durable, and resistant to rust, dishwasher safe, corrosion, scratching, and denting. They last well and can be cleaned with heavy brushes or dishwashers without damage. Moreover, low cost of these alternatives could also challenge the overall cast iron market.

This analysis of the global cast iron cookware market is based on a recent market research report by Transparency Market Research, titled “Cast Iron Cookware Market (Product Type- Unseasoned, Seasoned, and Enamel Coated; End-use- Household and Food Services; Style- Dutch Ovens, Camp Pots, Skillets/ Fryers, Woks, Griddles, and Bake Ware; Sales Channel- Direct, Indirect (Modern Grocery Retailers and Traditional Grocery Retailers), and Online Retail) – Global Industry Analysis and Opportunity Assessment, 2017-2025.”

Trade Finance Market Organization, Deployment Type, Vertical and Region – Global Forecast to 2030

Trade finance refers to the process of financing international trade flows. Trade finance assists in diminishing or mitigating the risk associated with international trade transactions. There are two players involved with a trade transaction, one an exporter, and the other one an importer. Trade finance is all about financing for the purpose of trade and it is related to both international and domestic trade transactions. Growing importance of international trade is likely to foster growth of the global trade finance market over the timeframe of analysis, from 2020 to 2030.

Insurance, bank guarantees, export financing, credit agency, receivables and invoice financing, and providing letters of credit (LCs) are all provided by trade finance. Exporters, importers, manufacturers, sellers, and buyers utilize it for the purpose of easing financing activities and it deals in the manner assets, investment, credit, and cash are utilized for trade. The ability to accelerate the procedure of making arrangement of short-term finance is likely to support growth of the global trade finance market in the years to come.

Product, service provider, end user, and region are the four important parameters based on which the global trade finance market has been classified.

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Global Trade Finance Market: Notable Developments

One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global trade finance market is mentioned as below:

  • In July 2019, American multinational bank, JPMorgan Chase & Co. acquired leading healthcare payments solutions provider, InstaMed Holdings, Inc. The latter is estimated to function as JPMorgan Chase Bank’s subsidiary. With the acquisition, it is expected that the clients of both JPMorgan Chase and InstaMed will be benefitted from this strategic move

Some of the prominent organizations in the global trade finance market comprise the below-mentioned:

  • Royal Bank of Scotland
  • Bank of America
  • JPMorgan Chase & Co
  • Mizuho Financial Group, Inc
  • BNP Paribas S.A
  • Mitsubishi UFJ Financial Group, Inc

Global Trade Finance Market: Key Trends

The global trade finance market is characterized by the presence of the following restraints, drivers, and opportunities.

Integration of Advanced Technologies into Trade Finance Activities to Boost Demand

The growth of the global trade finance market is likely to be driven by the rising import and export activities across the globe. Integration of latest technologies such as quick response (QR) codes, radio frequency identification (RFID), and optical character recognition (OCR) technologies are likely to bolster growth of the global trade finance market in the forthcoming years. QR codes are used to track and identify shipments and OCR technology is utilized for the purpose of reading numbers of containers. Growing digitization is likely to work in favor of the global trade finance market over the timeframe of analysis, from 2020 to 2030.

Increased implementation of pricing and structuring methods along with strategic development is anticipated to foster development of the global trade finance market over the timeframe of analysis, 2020 to 2030. Utilization of technologies such as internet of things (IoT), machine learning (ML), and artificial intelligence (AI) in commercial finance is likely to augur well for the market in the years to come.

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Global Trade Finance Market: Geographical Analysis

Asia Pacific is estimated to be one of the most dominating forces in the global trade finance market over the timeframe of analysis, from 2020 to 2030. Increased funding from the government is anticipated to add to the development of the global trade finance market over the tenure of analysis, from 2020 to 2030. China is likely to remain at the forefront of the growth of the market in Asia Pacific.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Smart Trash Bin Market Dynamics, Applications and Emerging Growth Factors -2030

 

  • smart trash bin is a technologically advanced waste management system. It has wireless ultrasonic sensors embedded inside which monitors the bin through IoT. This data is further sent to a cloud-based monitoring and analytics platform.
  • Major players across the globe are introducing smart trash bins with unique materials and advanced technology that help users in easing logistics, reducing costs, and improving the environment. This is likely to drive the demand for smart trash bins in the coming years.

Rising Usage of Smart Trash Bins

  • Increasing awareness about the usage of technologically advanced trash bins among users is influencing them to opt for smart trash bins. Emerging countries across the globe are promoting their major cities with smart technology in order to meet smart city project initiatives, which is likely to gain demand for smart trash bins. End-users consider these systems effective as they offer multiple benefits in terms of time saving, minimizes infrastructure, and operating costs by up to 30%. In addition, rising dependency of users on smart systems that have the ability of reducing manpower requirements to handle the garbage collection process, is found to be an additional benefit in different geographies. This is promoting the growth of the global smart trash bin market.

Presence of Alternate Solutions: A Key Restraint

  • Easy availability of several alternative solutions to trash bins across the globe is likely be a major barrier to the growth of the smart trash bin market. Users still find a traditional bin to be more convenient, as it is cost effective and easy to use. Wireless technologies used in the smart trash bin has a shorter range and lower data speed. It also needs sensor nodes for its operation which has limited memory size. In addition, cost required for training the employees to operate smart trash bins along with its overall maintenance cost may impact the growth of the smart trash bin market.

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Asia Pacific a Potential Market for Smart Trash Bins

  • The global smart trash bin market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the smart trash bin market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The smart trash bin market in South America has been segmented into Brazil and Rest of South America.
  • Asia Pacific is expected to remain a potential market for smart trash bins during the forecast period, owing to demand for trash bins and increasing preference for smart products in the past few years in the region.

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Key Players Operating in the Global Smart Trash Bin Market

The global smart trash bin market is fragmented in nature, due to presence of a large number of global and regional players. A few of the key players operating in the global smart trash bin market are:

  • EKO USA
  • Enevo Oy
  • Home Depot, Inc.
  • Honey-Can-Do International
  • iTouchless Housewares &
  • Products, Inc.
  • Nine Stars Group USA, Inc.
  • Simplehuman

Rapid Liquid Printing Market In-depth Analysis, Industry Size Research Report Forecast up to 2030

 

  • Rapid liquid printing refers to the technology by which inflatable and large structures are made. The technology uses a robotic system that creates objects of any size, drawing the shape of the object in space in a liquid gel suspension. In this process, two materials are mixed inside a nozzle, and then chemically cured. The printing process takes very less time and it can create small or big structures, customized products made of real world materials.

Key Drivers of the Global Rapid Liquid Printing Market

  • Rising demand for custom design & manufacturing and increasing number of companies offering 3D printing services is encouraging several companies to adopt rapid liquid printers for their manufacturing process as rapid liquid printing is the fastest technology among all 3D printing technologies. This advancement in 3D printing technology is a driving factor that contributes to the growth of the rapid liquid printing market around the world.
  • As compared to other 3D printing services, the rapid liquid printing process provides ease of development for customized products, with the ability to print using industrial grade materials that leads to increasing adoption of rapid liquid printing among manufacturers.

Factors Restraining the Global Rapid Liquid Printing Market

  • High maintenance and high initial capital investment are major factors that may hinder the growth of the rapid liquid printing market globally.

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Market in Asia Pacific to Expand Rapidly

  • In terms of geography, the global rapid liquid printing market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the rapid liquid printing market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the rapid liquid printing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America rapid liquid printing market is segmented into Brazil, and Rest of South America.
  • North America accounted for dominant share of the global rapid liquid printing market due to the presence of key printing material manufacturers in the region. Rapid expansion of the aerospace & defense industry in North America is propelling the demand for 3D printing technologies that is boosting the growth of the rapid liquid printing market in the region.
  • The rapid liquid printing market in Asia Pacific region is projected to expand rapidly during the forecast period due to increasing demand for 3D printing technologies from automotive, utility, aerospace & defense, and healthcare industries. Moreover, due to ongoing industrialization in emerging economies, Japan and China are expected to be major markets for rapid liquid printing, accelerating the growth of the rapid liquid printing market in the region.

Key Players Operating in the Global Market

Manufacturers in the rapid liquid printing market are analyzing the preference and demand for 3D printing technologies. Manufacturers are focused on adopting acquisition strategies which will help them to expand their presence in the world. Several companies are spending on research and development for the improvement of products, which is likely to help in enhancing their competitive advantage in the market. Growing competition encourages market players to focus on introducing advanced products in terms of 3D printing technology.

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A few of the key players operating in the global rapid liquid printing market are:

  • 3D Systems, Inc.
  • Autodesk, Inc.
  • BMW AG
  • Dassault Systèmes
  • EOS
  • ExOne
  • Materialise
  • Native Shoes

Thin Film Sensor Market Demand, Sales Volume, Revenue, Market Share, Price, Growth Rate by 2026

According to a new market report pertaining to the thin film sensor market, published by Transparency Market Research, the global thin film sensor market is expected to reach US$ 3,093.3 Mn by 2026, expanding at a CAGR of 3.1% from 2018 to 2026. North America is expected to lead consistently during the forecast period, with the market in the region expanding at a CAGR of 3.0% through 2026.

Thin film sensors possess features such as repeatability, accuracy, better adhesion, flexible designing, and are capable of surviving rough handling. Therefore, they perform effectively in several industrial and commercial applications. Also, their thermal responsiveness is better than conventional film sensors. They are more beneficial in terms of miniaturization and integration in electronic circuits.

Furthermore, they offer better performance under low-irradiation condition and make ultra large area process practicable with less material requirement and quick response time. Another significant use of this sensor is to incorporate it into a portable handheld measurement system. Thus, superior features of thin film sensors over conventional sensors is an important factor anticipated to facilitate the market growth throughout the forecast period.

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Thin Film Sensor Market: Scope of the Report

The global thin film sensor market is broadly segmented by sensor type, material, and end-user. By sensor type, temperature thin film sensor had the highest market share in 2017 and is further expected to maintain its dominance throughout the forecast period. Despite its low cost compared to other sensor types, thin film temperature sensor has major share due to its large volume and extensive usage in several end-use industries such as healthcare, aerospace & defense, and industrial automation. Pressure sensor is also anticipated to hold significant revenue share despite its low volume owing to the vast difference between the average selling price of thin film temperature and pressure sensors.

On the basis of material, platinum is expected to hold the highest revenue as well as volume share during the forecast period. Platinum can withstand oxidation and is effective over a range of –200 to +850 degrees C. The four basic ohm values of 100, 200, 500, and 1000 give the user different degrees of sensitivity within the sensor. Also, decreasing cost is further adding to its list of advantages. Therefore, platinum is anticipated to be the most lucrative material. Based on end-user, consumer electronics, healthcare, and industrial automation are collectively expected to comprise approximately 51.2% of the global thin film sensor market by 2026, in terms of revenue.

North America dominated the thin film sensor market in 2017 with the U.S. contributing majority share of revenue. The dominance of the region is attributed to the significant presence of thin film sensor manufacturers, increasing industrialization, and strong demand for portable consumer and healthcare electronics. Europe and Asia Pacific collectively represented ~54% revenue share in 2017 with Germany and China representing largest revenue share in the respective regions. Amongst all regions, the market in Asia Pacific is expected to expand at the highest CAGR of 3.5% and 5.1% by revenue and volume respectively during the forecast period.

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Global Thin Film Sensor Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global thin film sensor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players in the thin film sensor market includes Gems Sensors & Controls, Inc., Heraeus Sensor Technology GmbH, Honeywell International Inc., Innovative Sensor Technology IST AG, Sensing Devices, Inc., Temperature Specialists, Inc., United Electric Controls Company, Vishay Intertechnology, Inc., AMETEK, Inc., and Baumer Group.

Smart Antenna Market – Opportunities and Forecast, 2020-2027

The global smart antenna market was valued at US$ 5,296.0 Mn in 2018 and is anticipated to register a stable CAGR of 7.9% during the forecast period 2019 to 2027, according to a new report published by Transparency Market Research (TMR) titled “Smart Antenna Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication has increased the penetration and growth of the smart antenna market globally. The market in North America is expanding at a significant CAGR of 8.8% on the backdrop of numerous technological innovations in communication technology.

Increasing Popularity of Smartphones to Drive Growth of the Smart Antenna Market

Growing popularity of smartphones is ultimately resulting in high demand for smart antennas worldwide. Smartphones have become a viable alternative to laptops and personal digital assistants (PDAs), offering features such as SMS and voice messages coupled with multimedia functionality, internet applications, inbuilt GPS capabilities, and high data processing capabilities. Huge investments and advancements in technology are boosting the demand for smartphones globally. The growing requirement of quick data transmission and high speed of downloading and web browsing will continue to create heightened demand for smart antennas.

Rise in the Adoption of MIMO (Multiple Input Multiple Output) Technology to Drive Market Growth

By technology, the smart antenna market has been segmented into SIMO (Single Input Multiple Output), MIMO (Multiple Input Multiple Output), and MISO (Multiple Input Single Output). Due to its higher spectral efficiency and link reliability or diversity, MIMO has evolved to become an important part of modern wireless communication standards such as HSPA+ (3G), Long Term Evolution (4G), WiMax (4G), and IEEE 802.11n (WiFi). MIMO held the largest share of the market in 2018.

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By type, the smart antenna market is classified as switched multibeam antenna and adaptive array antenna. In 2018, adaptive array antenna was the largest contributor to the market. Dominance of the market by adaptive array antennas is expected to continue during the forecast period. However, the switched multibeam antenna segment is expected to expand significantly during the forecast period. Switched beam antenna systems offer significant increase in capacity and coverage as compared to conventional antenna based systems.

Growing Adoption of Smart Antennas due to Technological Advancements in Cellular Network in the U.S., China, India, Israel, and South Africa to Create More Market Opportunities

Geographically, the global smart antenna market is divided into five major geographical regions. These include North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2018, North America was the topmost revenue generating region followed by Europe. The demand for smart antennas has been the highest across North America due to the prominence of the telecommunications industry in the region. Furthermore, technologies such as radio frequency identification and ultra-wideband are in great demand across the US and Canada. The U.S. held highest market share in 2018 in North America and is estimated to expand at the highest CAGR during the forecast period.

The market in Europe is anticipated to grow at a significant CAGR during the forecast period due to advancements in the domain of wireless connectivity across the region. The smart antenna market in Asia Pacific is expected to expand at the highest CAGR of 9.1% over the forecast period. The growing need for faster data transmission in modern communication systems with high speed downloading and web browsing has forced companies to improve the efficiency of wireless transmission and this has enhanced the consumption of smart antennas in China and India.

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Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd. and Alcatel-Lucent International Holdings Inc. Likely to Continue to Lead the Global Smart Antenna Market

The company profiling of key players in the global smart antenna market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global smart antenna market report includes Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd., ArrayComm LLC, Alcatel-Lucent International Holdings Inc, Motorola Solutions Inc., Broadcom Corp, California Amplifier Inc., Accel Networks LLC., and Jiashan Jinchang Electronics Co., Ltd. Various players are introducing technologically advanced smart antennas and establishing partnerships with other players to meet the continuously growing demand for wireless communication technologies.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...